When Amgen Inc. (NASDAQ: AMGN) reported its third-quarter financial results after the markets closed on Thursday, the company said that it had $3.02 in earnings per share (EPS) and $5.81 billion in revenue. Consensus estimates from Thomson Reuters had called for $2.79 in EPS and revenue of $5.74 billion. In the same period of last year, the biotech giant posted EPS of $2.72 and $5.72 billion in....More>>>
San Francisco, California-based Twitter Inc (NYSE:TWTR)hasn’t had a great run this year, and things don’t seem to be getting any better lately. On 9th November, Twitter COO, Adam Bain, announced his departure from the company after a 6 year stint. Less than a month later, on Friday,Twitter’s VP of global online sales, Richard Alfonsi also followed suit, announcing his exit via....More>>>
Stocks fell today in tandem with U.S. Treasury bonds, raising concerns that the market might not be able to withstand higher interest rates.
The S&P 500 fell 0.3% to 2,133.04 today, while the Dow Jones Industrial Average declined 29.65 points, or 0.2%, to 18,169.68. The Nasdaq Composite fell 0.7% to 5,215.97. 10-year Treausry notes fell as their yields rose....More>>>
Chipotle Mexican Grill, Inc. (NYSE:CMG) practically ruined its somewhat upscale “fast casual” image when the E. coli virus hit its stores at the end of 2015. It seemed like customers and press would never forgive nor forget and investors couldn’t get out of it fast enough. But now, nearly a year and a half later, everyone is willing to take another look at CMG stock.
Deutsche Bank’s Myles Walton and Louis Raffetto explain why the cut General Dynamics (GD) to Hold from Buy:
[Gulfstream] G650 inventory and price trends quickly becoming a problem: With the bizjet malaise & the unique contribution that the G650 has to General Dynamics, weve kept a particular eye on that product as downside risk. Over the last five months, weve seen the available....More>>>
Semiconductor trends are considered to be leading indicators of technology and broader electronics demand. In a wider sense, semiconductor and tech stocks are considered to be leading indicators for the markets in general. A strong rally in the tech sector has pushed many of these companies to new highs, but the Dow and S&P have only recently pulled back from all-time highs. Will this pullback....More>>>
Related GLD Gold Futures Lower In Wild Session Gold Falls Out Of Bed In After-Hours Trading Correlation And Likely Trend For Gold And Silver (Seeking Alpha)
June Gold futures are trading lower by $16.60 at $1233.70 In Friday's session. It has been a volatile week for the metal as investors....More>>>
This Monday, Feb. 20, all U.S. banks and financial markets will be closed in observance of the Presidents Day, perhaps giving investors a chance to consider impressive stock gains so far this year.
The S&P 500 ....More>>>
The Q4 2016 earnings report for small cap gun stock Sturm, Ruger & Company (NYSE: RGR) is scheduled for after the market closeson Wednesday (February 22nd) amidconcerns that regulatory and election uncertainty had pulled gun demand forward.
A technical chart for Sturm, Ruger & Company shows a volatile downtrend with shares actually falling off when Trumps election eased fears about....More>>>